Renovated Partially Free Market 8-Unit For Sale
Multifamily | 8 Units | $287,500/unit
Marketing description
Matheos Realty Group has been exclusively retained to represent ownership in the sale of a mostly renovated, partially rent
stabilized, income-producing, multifamily asset located in Ocean Hill, Brooklyn. Situated between Bedford–Stuyvesant,
Crown Heights, and Brownsville, Ocean Hill provides more accessible city living while preserving a calm, tree-lined
residential feel.
The property comprises 8 residential units totaling approximately 5,400 SF, including 5 rent-stabilized units and 3 freemarket
units. The unit mix consists of one (1) three-bedroom, six (6) two-bedroom units, and one (1) studio. Notably, Units
3A and 3B are legally rent-stabilized but have been fully renovated and are currently achieving market rents, offering
meaningful upside and operational flexibility.
Investment highlights
Property Highlights
• 8-Unit Multifamily | ~5,400 SF
• 3 Free-Market Units / 5 Rent-Stabilized Units
• 2 rent-stabilized units currently paying market rent
• 5 of 8 Units are renovated
• Tax Class 2B – protected tax class with capped assessment increases
• Transit-Oriented Location near A & C subway lines
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